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Singapore employers adopting wait-and-see approach on hiring, say observers
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The number of employed residents went up by 14,900 from the year before.
PHOTO: ST FILE
Calvin Yang
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SINGAPORE - Singapore's labour market may be recovering, but many employers are still adopting a wait-and-see approach before going all out in the hiring game.
Companies navigating the highly uncertain economic outlook are understandably cautious, said observers, as the pandemic will be a long and costly battle. Business volumes for some sectors will be unable to recover for a while, they added.
